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Liverpool Facing UEFA Financial Fair Play Inquiry That Could Cost Club Up To $11.5M

Liverpool could have almost £7M ($11.5M) of Champions League prize money withheld pending a UEFA inquiry into a "possible breach of Financial Fair Play regulations," according to Gabriele Marcotti for the LONDON TIMES. The payment, expected next month, "may not be forthcoming" if the club is referred to UEFA's Club Financial Control Body. Along with teams such as Monaco, Roma and Inter Milan, "Liverpool's absence from either the Champions League or the Europa League last season" meant it was not asked to submit its accounts for '11-12 and '12-13 to UEFA's CFCB. Now, however, it is "subject to last season's FFP regulations." UEFA Head of Club Licensing & FFP Andrea Traverso said, "As soon as a club qualifies, it enters the scope of Financial Fair Play." UEFA has not confirmed which clubs will be deemed "at risk." Traverso, however, confirmed that "some clubs have shown 'indicators of financial issues.'" Given Liverpool's losses, it appears plausible that it "could be among them and be referred to the CFCB," where it would have to submit additional detailed information and argue its case. Last season, 76 clubs were found to be "at risk" but, "ultimately, only nine were sanctioned" (LONDON TIMES, 9/23).

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